Plato
Assembly Line
Plato secures $6.5M to transform wholesale industry with AI-based ERP automation platform
Plato, a Berlin-based AI-based ERP automation platform for wholesale distributors, has secured $6.5 million in pre-seed funding. The round was led by Cherry Ventures (which recently invested in Voliro and Atlas Metrics), with additional backing from the German government and C-level angels from tech giants, including Microsoft, SAP, NVIDIA, Celonis, Personio, Sennder, and Forto.
The company is all set to transform the AI transformation of the $53 trillion global wholesale industry. The new funding will be used to expand Plato’s team and scale its product across multiple large customers with thousands of sales representatives.
The company’s innovative platform integrates seamlessly with existing ERP systems, offering sales intelligence, AI-driven recommendations for cross-selling, up-selling, and churn prevention; and workflow automation of routine tasks such as quote and order creation, freeing up sales teams to focus on growth.